Value Sourcing Questions

Managers who want to launch a Value Sourcing initiative should consider these questions:

  • Is sourcing seen as driving revenue growth as well as cost reduction?
  • Are we maximizing the value of our supplier relationships?
  • Have we segmented our spending and identified strategic categories and suppliers?
  • Do we understand and are we positively affecting supplier economics?
  • How collaboratively do procurement, users, and key suppliers work on new product development?
  • Are

[ Read more ]